A Quote by Bernie Sanders

If a financial institution is too big to fail, it is too big to exist. — © Bernie Sanders
If a financial institution is too big to fail, it is too big to exist.
It is worth noting that 'too big to fail' is not simply about size. A big institution is 'too big' when there is an expectation that government will do whatever it takes to rescue that institution from failure, thus bestowing an effective risk premium subsidy. Reforms to end 'too big to fail' must address the causes of this expectation.
Liberalism is wrong because it doesn't work. If a company is too big to fail, it is too big to exist.
Forget about banks that are too big to fail; the focus should be on cities, municipalities and countries that are too big to fail.
Perhaps more to the point for TBTF (Too Big To Fail bank), if a SIFI (Systemically Important Financial Institution) does fail I have little doubt that private investors will in fact bear the losses-even if this leads to an outcome that is messier and more costly to society than we would ideally like. Dodd-Frank is very clear in saying that the Federal Reserve and other regulators cannot use their emergency authorities to bail out an individual failing institution
The heart of the 2008 financial crisis was a coterie of reckless financial executives, working for too-big-to-fail financial companies, who were handsomely compensated for taking risks that almost ruined the economy when they failed.
We're still under the weight of this impression that the ocean is too big to fail, that the planet is too big to fail.
No single housing finance institution should be too big to fail.
Through an unwieldy combination of big government, big military, big business, big labor and big cities, we have created an unworkable mega-nation which defies central management and control. Not only is the United States too big, but it has also become too authoritarian and too undemocratic, and its states assume too little responsibility for the solution of their own social, economic, and political problems.
No bank should be too big or too complex to fail, but almost any bank is too big to liquidate quickly, particularly in the midst of a crisis.
If a bank's too big so that it can't fail without hurting our economy, well then, it's too big.
We need to think deeply about whether we can sustain banks that are not only too big to fail, but potentially too big to bail.
I'm really concerned that 'too big to fail' has become 'too big for trial'.
I'm really concerned that too-big-to-fail has become too-big-for-trial.
Any bank that is too big to fail is too big. Period.
Folks, this government isn't too big to fail, it's too big to succeed.
If one sins against the laws of proportion and gives something too big to something too small to carry it - too big sails to too small a ship, too big meals to too small a body, too big powers to too small a soul - the result is bound to be a complete upset. In an outburst of hubris the overfed body will rush into sickness, while the jack-in-office will rush into the unrighteousness that hubris always breeds.
This site uses cookies to ensure you get the best experience. More info...
Got it!